Placement Specialist, Medical Malpractice

Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. In today’s increasingly uncertain global business environment, Marsh helps clients to thrive and survive.

As a global leader in insurance broking and risk management, Marsh helps our clients succeed by defining, designing, and delivering innovative, industry-specific solutions that help them effectively manage risk. We have 27,000 employees worldwide, operations in more than 130 countries, and annual revenue of approximately $5.4 billion, along with comprehensive global expertise that spans 26 industry practices and more than 30 risk and specialty practices. We are looking for talented professionals to join our team. The successful candidate will exemplify Marsh’s IGNITE operating principles, the behaviors that guide our conduct and growth — In Touch: Get out in front by being informed and connected; Genuine: Be authentic with clients and each other; Nimble: Be flexible and move quickly to deliver quality results; Inclusive: Be open to diverse ideas, experiences, and backgrounds; Trusted: Stand for integrity and ethical behavior; and Engaged: Actively participate in making Marsh extraordinary. Works with Placement Team Leader for placement of a client’s risk within the insurance and risk marketplace. Delivers marketing results to Client Team. Involved in communications and presentations with clients in collaboration with Client Team as needed.

* Submits coverage specifications and obtains quotes from carriers, binds coverage and is responsible for the accuracy of programs they have bound. * Develops strong working relations with carriers and or underwriters. Possess strong knowledge of insurance and risk marketplace including financial strength and risk appetite. * Prepares client differentiation/marketing message for carriers/underwriters. * Utilizing risk expertise and knowledge of industry and insurance market place, reviews clients’ exposures and loss experience. * Assesses needs of clients and develops solutions to risk situations., across complexity spectrum. * Receives and analyzes quotes from carriers and provides analysis and recommendations to Client Team/Client (Segment Driven). * Co-ordination of Global Marketplace (Domestic, Bermuda, London, ROW, Bowring). * Works with Team to determine the impact of risk solution, and articulates the value to Client Team/Client (Segment driven). * Identifies and works with appropriate parties to resolves potential error and omission situations within product line. * Keeps abreast of changing insurance and risk market conditions and informs Client Team/Clients (Segment driven) and carriers of major developments affecting various types of coverage. * Identifies the need for new products and suggests innovative solutions to Client Team,/Client (Segment driven). * Supports and assists in the development of new products and provides input on pricing of services. * Contributes to the firm’s body of knowledge on product line by active participation in internal networks. * Works closely with Client Team to support client retention and new business production. * Responsible for issuing appropriate binding documents. * Understands and complies with the Marsh Compliance and Transparency Standards.

* Independently handles their own client assignments and assists more senior level Placement Specialists on more complex client assignments. * Has prior insurance experience, with the company or with an insurance carrier. * Is expected to demonstrate proficiency in knowledge and execution of responsibilities for their assigned clients.